Any serious criticism to my CYDM SCAM analysis?
Just wondering because there have been no serious critiques of my analysis regarding SCAMMING CEO Evans and the recent purchase of CYDM. I want to make sure my calculations are correct and that CEO Evans is NOT defamed!!. Is this correct analysis regarding the Ligatt purchase of CYDM?:
The number of outstanding shares of CYDM is around 629,000? So if we have roughly 1 billion outstanding shares of LGTT and every 5 shares gets 1 CYDM share, then we need 200 million shares of CYDM to distribute!!!!! Wait!!! That means DILUTING CEO EVANS needs to add 199,371,000 shares to CYDM!!! So where does that take the current pps of .18? To have the same market cap the new pps of DILUTED CYDM will be .00056.
And isn’t it suspicious that CYDM had a reverse split of 200 to 1 just a few months ago? Hmmmmm…..about the same time SCAMMING CEO EVANS was hyping that he would buy new acquisitions? I might be suspicious but it might go like this: CEO EVANS talks to CYDM about buying them. They both agree that buying a triple ZERO stock probably not a great PR so reverse the share count and get the pps to .18 which makes it look like LGTT is buying a REAL company. Oh and don’t forget to change the reporting status so we can hide what we’re doing!!!!
Do we now own 3 WORTHLESS companies???
Softballdaddy, G.Money, Gmenfan, MONEYMADE, GOTX….are these calculations correct? Because I don’t know how CEO Evans intended to give LGTT shareholders 1 CYDM for every 5 shares owned of LGTT. He would need 200 million shares of CYDM for the dividend but after the 200 to 1 reverse split of CYDM a couple of months ago there are only 629,000.
Any ideas (other than MASSIVE DILUTION) on how he intends to deliver this dividend?
And while I’m asking, WHY would CEO Evans HYPE on his recent video blog the .18 per share of CYMN when he KNEW there are only 200,000 shares? Is that the definition of SCAM??
Definition of SCAM:
dishonest scheme: a scheme for making money by dishonest means
trick somebody: to obtain money or other goods from somebody by dishonest means (by selling shares maybe?)
Or are the actions of CEO Evans the definition of HYPE?
Definition of HYPE:
1. publicity: greatly exaggerated publicity intended to excite public interest in something such as a movie or theatrical production
2. deception: a deception or dishonest scheme (to find new bagholders to sell shares to maybe?)
Seems SCAMMING and HYPING CEO Evans actions are REAL close to both definitions, huh?????????? I mean SCAMMING CEO Evans buys CYDM and the share count is short 199 million for the dividend!! And then he hypes the pps of .18? Didn't CEO HYPING EVANS do the math!!??
Please let me know if my calculations are incorrect. TIA : )
